JPMorgan raises target for Taiwan Semiconductor Manufacturing Company stock

Published on 10/02/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue target is USD 45.80 billion. Taiwan Semiconductor Manufacturing Company stock is EUR 414.00 on October 2, 2026 versus EUR 408.75.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing Company (ISIN US8740391003) was trading at EUR 414.00 at Lang & Schwarz on October 2, 2026 at 3:41 p.m. CEST, up 1.28 percent versus the prior close of EUR 408.75. According to Futunn on October 1, 2026, JPMorgan raised its target for Taiwan Semiconductor from NT$3,200 to NT$3,300 while maintaining an Overweight rating.

JPMorgan sees stronger quarterly demand

The report puts third-quarter 2026 revenue at USD 45.80 billion, up 14.00 percent from the second quarter, with gross margin at 66.80 percent. It also points to fourth-quarter 2026 revenue growth of 11.00 percent sequentially, tying the analyst case to continued demand for advanced-node wafers.

JPMorgan also raised its June 2027 target by NT$100, equivalent to a 3.13 percent increase from NT$3,200. The same report says earnings-per-share forecasts for 2027 and 2028 were raised by 5.00 percent and 6.00 percent, respectively, as Taiwan Semiconductor expands N3 and N2 capacity.

June quarter delivered double-digit growth

Sector Alpha reported on September 22, 2026 that Taiwan Semiconductor generated USD 1,270 billion of revenue and USD 707 billion of net profit in the June 2026 quarter. Revenue increased 36.00 percent year over year, while profit rose 77.40 percent, and the operating margin reached 60.30 percent.

The comparison matters because profit growth outpaced revenue growth by 41.40 percentage points in the June 2026 quarter. That spread gives the analyst target a measurable earnings basis, although the company is also entering a major 2-nanometer production ramp.

NYSE quote near its yearly high

Stock Analysis identifies Taiwan Semiconductor Manufacturing Company as a NYSE-listed company with ticker TSM and ISIN US8740391003. The primary-exchange quote was USD 471.00 at 9:58 a.m. EDT on October 2, 2026, while the 52-week range was USD 266.82 to USD 479.00 and market capitalization was USD 2.4 trillion.

For investors, the key tension is visible in the numbers: the company is posting 77.40 percent year-over-year profit growth, while the latest target revision depends on execution at newer process nodes. The Lang & Schwarz move was positive, but the euro quote remained below its prior close reference only in the historical comparison? No. The current quote stood above the prior close by EUR 5.25, keeping the daily signal aligned with the analyst upgrade.

Trading signal and valuation context

Taiwan Semiconductor Manufacturing Company was trading at EUR 414.00 at Lang & Schwarz on October 2, 2026 at 3:41 p.m. CEST, up 1.28 percent versus the prior close of EUR 408.75. The further course of trading is shown by the continuously updated real-time quote of Taiwan Semiconductor Manufacturing Company stock.